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Bedford Metals (STU:O8D) E10 : €-1.26 (As of Dec. 2023)


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What is Bedford Metals E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Bedford Metals's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.26 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 22.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Bedford Metals was 22.40% per year. The lowest was 9.20% per year. And the median was 15.80% per year.

As of today (2024-06-03), Bedford Metals's current stock price is €1.50. Bedford Metals's E10 for the quarter that ended in Dec. 2023 was €-1.26. Bedford Metals's Shiller PE Ratio of today is .


Bedford Metals E10 Historical Data

The historical data trend for Bedford Metals's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bedford Metals E10 Chart

Bedford Metals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.90 -2.09 -1.71 -1.25

Bedford Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.63 -1.25 -1.31 -1.09 -1.26

Competitive Comparison of Bedford Metals's E10

For the Gold subindustry, Bedford Metals's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bedford Metals's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bedford Metals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bedford Metals's Shiller PE Ratio falls into.



Bedford Metals E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Bedford Metals's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.003/125.0724*125.0724
=-0.003

Current CPI (Dec. 2023) = 125.0724.

Bedford Metals Quarterly Data

per share eps CPI Adj_EPS
201403 -3.779 98.604 -4.793
201406 -0.185 99.473 -0.233
201409 -0.192 99.394 -0.242
201412 -0.096 98.367 -0.122
201503 -2.397 99.789 -3.004
201506 -0.098 100.500 -0.122
201509 -0.017 100.421 -0.021
201512 -0.365 99.947 -0.457
201603 -1.451 101.054 -1.796
201606 -0.094 102.002 -0.115
201609 -0.093 101.765 -0.114
201612 -0.646 101.449 -0.796
201703 -0.063 102.634 -0.077
201706 -0.061 103.029 -0.074
201709 -0.031 103.345 -0.038
201712 -0.090 103.345 -0.109
201803 0.000 105.004 0.000
201806 -0.014 105.557 -0.017
201809 -0.008 105.636 -0.009
201812 -0.008 105.399 -0.009
201903 0.000 106.979 0.000
201906 -0.151 107.690 -0.175
201909 -0.008 107.611 -0.009
201912 -0.006 107.769 -0.007
202003 -0.018 107.927 -0.021
202006 -0.006 108.401 -0.007
202009 -0.006 108.164 -0.007
202012 -0.006 108.559 -0.007
202103 -0.036 110.298 -0.041
202106 -0.012 111.720 -0.013
202109 -0.006 112.905 -0.007
202112 -0.006 113.774 -0.007
202203 -0.010 117.646 -0.011
202206 -0.007 120.806 -0.007
202209 -0.014 120.648 -0.015
202212 -0.007 120.964 -0.007
202303 -0.021 122.702 -0.021
202306 -0.003 124.203 -0.003
202309 -0.006 125.230 -0.006
202312 -0.003 125.072 -0.003

Add all the adjusted EPS together and divide 10 will get our e10.


Bedford Metals  (STU:O8D) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Bedford Metals E10 Related Terms

Thank you for viewing the detailed overview of Bedford Metals's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Bedford Metals (STU:O8D) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Bedford Metals Corp is engaged in the business of acquiring, exploring, and developing mineral exploration properties. The company owns interests in Philips Arm Gold Camp which includes Margurete Gold Project and Hewitt Point Project.

Bedford Metals (STU:O8D) Headlines

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